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Tuesday, 08 May 18
BUMA SIGNED OVER US$1 BILLION WORTH OF NEW CONTRACT WITH PT INDONESIA PRATAMA
 PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, has entered into mining services contracts with PT Indonesia Pratama, a subsidiary of an IDX-listed PT Bayan Resources Tbk. IPR is a robust project with high reserve potentials located in Tabang, the Kutai Kartanegara Regency, Province of East Kalimantan.
According to the press release from Delta Dunia, the contract is approximately valued at Rp 14 trillion or equivalent to over US$1.0 billion, for expected total volume of 287 million bcm in overburden removal, and 96 million tonnes in coal under the mining services contracts. In addition, BUMA is expected to haul 95 million tonnes of coal under the coal transport contract. The contracts will last eight years to December 2025, with average annual production of 38 - 42 million bcm of overburden removal and 12 - 14 million tonnes of coal, after ramp-up. Production is expected to start in July 2018.
The company further said, the IPR contract reflects re-establishment of relationship with Bayan group, a notable name in Indonesia coal industry, with whom the Company worked in the recent past. The Company hopes to nurture strong relationship that would translate to long-term partnership.
Previous to IPR, BUMA recently signed three contracts, altogether valued at around US$1.0 billion. Including IPR, BUMA has secured a total of US$2.0 billion worth of contracts in 2018, bringing its total order book to US$7.0 billion. BUMA continues to pursue discussions related to both extensions and new contracts. In doing so, BUMA remains focused on attaining long-term sustainability and delivering profitable growth.
About PT Delta Dunia Makmur Tbk.
Delta Dunia Makmur was established in 1990 and through its primary subsidiary, BUMA, is the second largest coal mining contractors in Indonesia, based on production volumes, providing service to some of the largest coal producers in Indonesia.
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Tuesday, 01 May 18
GLOBAL MINER PEABODY EYES SALES OPPORTUNITY IN INDIA’S RISING COAL IMPORTS - BUSINESS STANDARD
Indian imports of coal will continue to rise, reckons the world’s largest private sector coal miner Peabody Energy. Glenn Kellow, president a ...
Saturday, 28 April 18
STRONG ASIAN DEMAND CONTINUES TO HOLD UP THERMAL COAL MARKETS - REUTERS
Asian thermal coal demand is defying its typical seasonal slowdown as well as the expanding use of renewables and natural gas, with prices holding ...
Friday, 27 April 18
PEABODY ENERGY'S REVENUES FOR THE FIRST QUARTER ROSE 10 PERCENT OVER THE PRIOR YEAR TO $1.46 BILLION
Peabody Energy's revenues for the first quarter rose 10 percent over the prior year to $1.46 billion driven by improved seaborne coal pricing a ...
Thursday, 26 April 18
BALTIC EXCHANGE LAUNCHES ESCROW SERVICE FOR VESSEL SALES
The Baltic Exchange will be launching an Escrow Service for its members to hold deposits for ship sale transactions. The move will allow Baltic Exc ...
Thursday, 26 April 18
COAL PRICES ARE EXPECTED TO AVERAGE $85/MT IN 2018, DOWN SLIGHTLY FROM 2017 - WORLD BANK
Coal prices rose 4 percent in the first quarter (q/q), following a surge of 34 percent in 2017, mainly due to strong consumption in China spurred b ...
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- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Australian Coal Association
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Sarangani Energy Corporation, Philippines
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Ministry of Finance - Indonesia
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- MS Steel International - UAE
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- International Coal Ventures Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- London Commodity Brokers - England
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
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